Innovate (VATE) Intangibles (2010 - 2025)

Innovate (VATE) posted quarterly Intangibles of $165.2 million for Q4 2025, down 4.18% year-over-year from $172.4 million in Q4 2024, and down 1.08% on a QoQ basis from $167.0 million in Q3 2025.

Innovate (VATE) Intangibles (2010 - 2025) Analysis & Trends

Innovate (VATE) has reported Intangibles for 16 consecutive years, with $165.2 million the latest figure, recorded in Q4 2025.

  • In Q4 2025, Intangibles fell 4.18% year-over-year to $165.2 million; the TTM figure through Dec 2025 stood at $165.2 million (down 4.18% YoY), while the FY2025 annual figure was $165.2 million, down 4.18% from the prior year.
  • Intangibles came in at $165.2 million for Q4 2025 at Innovate, down from $167.0 million in the prior quarter.
  • The five-year high for Intangibles was $222.0 million in Q2 2021, with the low at $165.2 million in Q4 2025.
  • Average Intangibles over 5 years is $184.8 million, with a median of $179.8 million recorded in 2023.
  • Across the five-year window, Intangibles retreated 24.08% in 2021 and climbed 22.2% in 2022, its largest moves.
  • Year by year, Intangibles stood at $208.4 million in 2021, then decreased by 8.78% to $190.1 million in 2022, then declined by 5.89% to $178.9 million in 2023, then retreated by 3.63% to $172.4 million in 2024, then declined by 4.18% to $165.2 million in 2025.
  • According to Business Quant data, Intangibles over the past three periods registered $165.2 million, $167.0 million, and $168.6 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Intangibles (Qtr)
1 Stantec 7,704.08 Bn 7,704.08 Bn 914.10 Mn 409.23 Mn
2 Quanta Services 103.60 Bn 103.33 Bn 1.11 Bn 2.72 Bn
3 Mastec 30.47 Bn 30.31 Bn 477.90 Mn 761.20 Mn
4 Sterling Infrastructure 23.80 Bn 23.30 Bn 194.30 Mn 548.01 Mn
5 APi 18.02 Bn 17.38 Bn 620.00 Mn 1.62 Bn
6 Jacobs Solutions 14.73 Bn 13.35 Bn 794.89 Mn 640.01 Mn
7 IES Holdings 13.95 Bn 13.69 Bn 254.79 Mn 58.45 Mn
8 Aecom 8.61 Bn 7.78 Bn 296.50 Mn 177.84 Mn
9 Everus Construction 7.72 Bn 7.42 Bn 130.73 Mn -
10 Innovate 219.28 Mn 121.08 Mn 58.90 Mn 165.20 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 165.20 Mn
Sep 30, 2025 167.00 Mn
Jun 30, 2025 168.60 Mn
Mar 31, 2025 170.40 Mn
Dec 31, 2024 172.40 Mn
Sep 30, 2024 173.40 Mn
Jun 30, 2024 175.10 Mn
Mar 31, 2024 177.10 Mn
Dec 31, 2023 178.90 Mn
Sep 30, 2023 180.80 Mn
Jun 30, 2023 182.60 Mn
Mar 31, 2023 186.10 Mn
Dec 31, 2022 190.10 Mn
Sep 30, 2022 194.30 Mn
Jun 30, 2022 198.40 Mn
Mar 31, 2022 204.20 Mn
Dec 31, 2021 208.40 Mn
Sep 30, 2021 213.10 Mn
Jun 30, 2021 222.00 Mn
Mar 31, 2021 167.10 Mn